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New Deal


Announced

Apax Funds to acquire EcoOnline for NOK3.8bn

Financials

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Transaction Value£313m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales10.2x
EV/EBITDA-
Share Price Premium68.5%
One Off Charge-

Tags

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Pending

Friendly

Private Equity

Acquisition

Software

software development

Norway

Single Bidder

Cross Border

Majority

Public

Synopsis

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Apax Funds, a global private equity advisory firm, agreed to acquire EcoOnline, a European SaaS software company, for NOK3.8bn “We are excited about this new opportunity to continue to grow and build EcoOnline’s position in the EHS software space together with Apax. The Apax team is a good fit with EcoOnline and their knowledge of the software industry and global resources are valuable to further strengthen our position in the attractive whitespace EHS software market," Göran Lindö, EcoOnline CEO.

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